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. >> how is the environment different than four years ago? >> four years ago we had a financial meltdown and there was a lot of leverage. and crude went to 149. that doesn't xifl exist this go around. >> john netto, thank you very much. >> tom: tomorrow, we continue "politics and the pits". we hear what gold traders are watching in this year's election. the positive data on home prices and consumer confidence wasn't enough to keep stock buyers interested throughout today's trading. it did help the morning trading with the s&p 500 in positive territory through the noon hour, eastern time. comments about the "meager benefits" of the federal reserve's latest bond buying program coming from the head of the philadelphia fed bank weighed on the index, and it sank into the closing bell, finishing down 1.1%. trading volume increased from yesterday's pace-- 752 million on the big board; just under two billion on the nasdaq. financial stocks, technology and the materials sector led the losers, down 1.5% each. caterpillar's warning about its 2015 earnin
. >> how is the environment different than four years ago? >> four years ago we had a financial meltdown and there was a lot of leverage. and crude went to 149. that doesn't xifl exist this go around. >> john netto, thank you very much. >> tom: tomorrow, we continue "politics and the pits". we hear what gold traders are watching in this year's election. the positive data on home prices and consumer confidence wasn't enough to keep stock buyers interested...
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Oct 18, 2012
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but we're coming from very low price environment, if you look through history. in terms of disstill ats, the heating oil, we have very low inventories, and in part it's because a lot of disstill at are being exported from the united states to latin america where demand is growing far faster than that region can define heating oil. and as a consequence, inventories in the united states are low for this time of year. if we have a colder be normal winter, one should expect prices to rise. however i believe that the projections for weather for the united states this winter are around normal. but clearly an unexpected cold spell could lead to a price spike. >> susie: all right. we'll have to leave it there. thanks for coming on our prom. gareth lewis-davies. >> susie: the f.b.i. today arrested a suspect for allegedly attempting to blow up the federal reserve bank in lower manhattan, just blocks away from the new york stock exchange. no one was hurt. undercover agents were monitoring the man's actions and say quazi nafis tried to set off what he thought was a 1,000 po
but we're coming from very low price environment, if you look through history. in terms of disstill ats, the heating oil, we have very low inventories, and in part it's because a lot of disstill at are being exported from the united states to latin america where demand is growing far faster than that region can define heating oil. and as a consequence, inventories in the united states are low for this time of year. if we have a colder be normal winter, one should expect prices to rise. however...
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Oct 2, 2012
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we realize politicians don't create job but at least enhancing the environment that can create jobs. >> brown: do you think there's much enthusiasm? >> as a conservative i am much more enthusiastic about mitt romney than i was john mccain. i thought john mccain was just an extension of george bush. we had had enough of that. >> brown: but polls show enthusiasm remains a question mark here for mitt romney and for the president. he also has to worry about criticism from his left. people like duke economics professor william garretty who cites the almost one in five blacks out of work here and says the president simply hasn't done enough to help. >> that's pretty staggering actually. i mean, we're approaching the kinds of unemployment rates that existed in the united states at the height of the great depression. in the african-american community in north carolina. >> brown: he has decided to sit out the presidential vote >> i'm going to vote for the other offices on the ballot but i'm just not going to cast a vote for the presidency >> brown: you're not? no brown: you feel okay i feel o
we realize politicians don't create job but at least enhancing the environment that can create jobs. >> brown: do you think there's much enthusiasm? >> as a conservative i am much more enthusiastic about mitt romney than i was john mccain. i thought john mccain was just an extension of george bush. we had had enough of that. >> brown: but polls show enthusiasm remains a question mark here for mitt romney and for the president. he also has to worry about criticism from his...
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Nov 8, 2012
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. >> you are worried about the environment and climate change. philip wiley wrote "generation of vipers." he said he will never convince man if you talk to him about generations not yet born. man desires immortality. if you desire immortality, you would rather build a smokestack then stopped the environment from getting worse because you are not thinking about your great great great grandchildren. your thinking about you and your son. tavis: i take that. the problem is every politician always preaches about how this will impact our kids and our grandkids. we cannot pass this debt on to future generations. it works rhetorically but it did not worked. >> there are people in denial about climate change. tavis: what is paul ryan's future? was this not a win for him either way? >> he lost his state. he is dynamic. i do not think he is presidential timbre yet, he might throw himself in that race. if he is a tea party candidate, he might win the primaries but he is going to be around, he will be a force, he is likable, i think. i do not dismiss anything
. >> you are worried about the environment and climate change. philip wiley wrote "generation of vipers." he said he will never convince man if you talk to him about generations not yet born. man desires immortality. if you desire immortality, you would rather build a smokestack then stopped the environment from getting worse because you are not thinking about your great great great grandchildren. your thinking about you and your son. tavis: i take that. the problem is every...
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Mar 15, 2012
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in the op-ed letter, he accused goldman for its "toxic and destructive" environment. darren gersh looks at what the letter says about goldman's culture. >> reporter: by now, goldman sachs c.e.o. lloyd blankfein is used to critics calling him a "money-sucking vampire squid"-- or worse-- but this morning the attack came from one of his own. in his "i quit" letter, greg smith, a mid-level executive for goldman sachs, said he was sick of a culture where clients were called "muppets" and employees were expected to "hunt elephants" by getting clients to make big trades that led to big profits for goldman. smith closed with this parting shot: "people who care only about making money will not sustain this firm or the trust of its clients for very much longer." "hard-hitting and accurate"-- that's how charles ellis, author of the partnership, the making of goldman sachs, describes smith's op-ed. >> goldman sachs had a unique, privileged position of trust, and it needs to rebuild the base upon which its clients can trust it. >> reporter: and ellis has some advice for blankfein
in the op-ed letter, he accused goldman for its "toxic and destructive" environment. darren gersh looks at what the letter says about goldman's culture. >> reporter: by now, goldman sachs c.e.o. lloyd blankfein is used to critics calling him a "money-sucking vampire squid"-- or worse-- but this morning the attack came from one of his own. in his "i quit" letter, greg smith, a mid-level executive for goldman sachs, said he was sick of a culture where clients...
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Feb 12, 2012
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. >> health care, the environment, cap and trade, and on the wall street bailouts, mitt romney has the same positions as barack obama! and in fact, would not be the best person to come up and fight for your voices for freedom in america! >> the associated press says they gained 55 delegates, putting him second in the delegate count behind mitt. romney won 12, santorum 72 delegates. question, what accounts phosphore having won four outs of eight caucuses and or primaries? pat buchanan? >> perseverance first. secondly, he's an authentic conservative. he's had some lapses, but he's clearly one of most conservative in the race. third, you had michele bachmann, perry, cain, newt -- all vying for the conservative title, collapsing. he is the last man standing against mitt romney. and here's the real reason, john -- it's mitt romney's been unable to close this deal with the conservatives. he's been unable to sell them. the tea party conservative evangelical rite is desperately resisting this arranged marriage with mitt. it's astonishing that mitt hasn't been able to close it and that's what s
. >> health care, the environment, cap and trade, and on the wall street bailouts, mitt romney has the same positions as barack obama! and in fact, would not be the best person to come up and fight for your voices for freedom in america! >> the associated press says they gained 55 delegates, putting him second in the delegate count behind mitt. romney won 12, santorum 72 delegates. question, what accounts phosphore having won four outs of eight caucuses and or primaries? pat...
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Oct 29, 2012
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and we didn't talk about the effects of the ways we would get it on either the environment or, more broadly, on the globe. >> nonetheless, did the debates matter? do you think they've had an impact on the campaign? >> yes, and what we, what we saw across the debates is what we expected to see. we saw learning about those issues that were addressed. more accurate placement of candidates on the areas in which they differ. what we didn't see is more accurate placement on areas that they're similar because the news never stresses areas in which they're similar. but nonetheless, we've seen learning across the debates in our annenberg survey. >> but my sense is that when there is no penalty for lying or as jonathan swift says in the last part of "gulliver's", for saying the thing that is not so, that the things one learns about what people say are completely irrelevant. governor romney has changed his position on just about everything throughout his entire career. and that, i believe, bedevils the fact checkers who will say, "well, his official position is this, but then he did that. so it's hard
and we didn't talk about the effects of the ways we would get it on either the environment or, more broadly, on the globe. >> nonetheless, did the debates matter? do you think they've had an impact on the campaign? >> yes, and what we, what we saw across the debates is what we expected to see. we saw learning about those issues that were addressed. more accurate placement of candidates on the areas in which they differ. what we didn't see is more accurate placement on areas that...
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Aug 30, 2012
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he's setting an economic environment that enables the millions of men and women all over the country who are in the private sector to create those jobs, and the figure of 12 million jobs for a first term would be similar to what we've seen in other recoverys from deep recessions in the past. >> susie: but so many c.e.o.s i talk to on our program, c.e.o.s of big companies and small companies, say that they are not hiring because in this weak economy there just isn't the demand to justify new hires. what would governor romney say to that? >> first of all when i speak to business executives, which i do a lot, they of course talk about the weak economy but they also talk about the enormous uncertainty they face in every aspect of their life that really delays long-term investments, whether those investments are in people, factories or equipment. building demand in this country is about making america a place to invest and to grow. that requires a more pro business policy mix than we've seen in the past few years. >> susie: right now the unemployment rate is over 8%. in four years, where
he's setting an economic environment that enables the millions of men and women all over the country who are in the private sector to create those jobs, and the figure of 12 million jobs for a first term would be similar to what we've seen in other recoverys from deep recessions in the past. >> susie: but so many c.e.o.s i talk to on our program, c.e.o.s of big companies and small companies, say that they are not hiring because in this weak economy there just isn't the demand to justify...
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Jun 8, 2012
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. >> well the difference is the role of government in our lives and in creating an environment where we can get back on track economically. that's the driving issues, those two issues of size and scope of government, and then how, the role government plays in creating sustained economic growth. it's huge differences of opinion on that, and i think that's where the campaign plays out. president obama is making a case that economic security trumps everything else and is saying i think it's a false choice but he's saying if we redistribute wealth more people will benefit through government receiving the chance to be secure in their economic livelihood. governor romney's approach is the one that's more traditional in our country which is to say we need to create a climate of opportunity where people succeed and fail with government playing a role in building capacity, playing a role in providing security from a national level, creating a role for infrastructure but not trying to pick winners and losers all the time. that's a big difference. and i hope the campaign is about that and not a
. >> well the difference is the role of government in our lives and in creating an environment where we can get back on track economically. that's the driving issues, those two issues of size and scope of government, and then how, the role government plays in creating sustained economic growth. it's huge differences of opinion on that, and i think that's where the campaign plays out. president obama is making a case that economic security trumps everything else and is saying i think it's...
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Sep 11, 2012
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certainly are based on an unsustainable environment, an environment of continuous low-interest rates. but the gains are real though, aren't they? >> the gains are real. and i think at the end of the day it's important that investors take a step back and realize what it is that they are buying when they are buying into the equity markets. you're buying a future share, your stream of easternings. when you take a look at profitability in the u.s., companies look very good. they prove to be very resilient and in the second quarter the s&p 500 posted an all-time record high in corporate profitability so net-net i do think there are some opportunities and there are clearly some reasons to be anxious and nervous this is why we continue to stress to our investors you need to have a balanced approach. >> joe tanious with us balancing the global risk and rewards with jpmorgan fund. >> tom: school is out for 350,000 chicago school kids. the city's public school teachers walked off their jobs today in the city's first strike in a quarter of a century. as diane eastabrook reports the strike is tes
certainly are based on an unsustainable environment, an environment of continuous low-interest rates. but the gains are real though, aren't they? >> the gains are real. and i think at the end of the day it's important that investors take a step back and realize what it is that they are buying when they are buying into the equity markets. you're buying a future share, your stream of easternings. when you take a look at profitability in the u.s., companies look very good. they prove to be...
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Oct 24, 2012
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the environment is protected at all costs. the area being talked about is 4,000 kilometers below where i am in australia. it might seem far away and not important, but what we are talking about is around 2 million square kilometers of the most pristine area on the planet. >> the meeting in tasmania will last a week. it is not long enough to decide the future of this unique and vulnerable assets. >> we have often heard that politics is a contact sport. this weekend, a champion boxer is leading one of the opposition parties in the ukraine parliamentary elections. it even more interesting, another opposition leader is the imprisoned bitter foe of the country's president. here is a report on what is at stake. >> it is the reigning heavyweight boxing champion who has shaken up this campaign. he and his party have fought their way to second place in the polls with a promise to be to rampant institutional corruption and strengthen ties with -- to be to rampant institutional corruption and strengthen ties with europe. >> everybody wan
the environment is protected at all costs. the area being talked about is 4,000 kilometers below where i am in australia. it might seem far away and not important, but what we are talking about is around 2 million square kilometers of the most pristine area on the planet. >> the meeting in tasmania will last a week. it is not long enough to decide the future of this unique and vulnerable assets. >> we have often heard that politics is a contact sport. this weekend, a champion boxer...
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Oct 4, 2012
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that's not what a president running for election in a tough environment need to be. >> we've all been pretty critical of the president including me. so i'll now bat in the one caveat. mitt romney has problems with certain voters, and tho problems are tied to policies that he has advocated for over the course of this campaign. if you go out the way obama campaign looks at the map in the world and you go to individual voter groups, demographics in specific swing states, many of those problems he has with hispanic voters, didn't do anything to solve his problems with hispanic voters. he didn't solve that problem. his problem with educated women voters. those issues didn't come up in this debate, he didn't solve any problems with those people. you think about just in terms of the battle ground states, there's going to be a tightening, we're seeing a tightening already. but the obama people, we have a swing state possible this morning from nbc and "wall street journal" president obama ahead by 8 points in ohio. it remains the case tomorrow as it was earlier today that president obama, i do
that's not what a president running for election in a tough environment need to be. >> we've all been pretty critical of the president including me. so i'll now bat in the one caveat. mitt romney has problems with certain voters, and tho problems are tied to policies that he has advocated for over the course of this campaign. if you go out the way obama campaign looks at the map in the world and you go to individual voter groups, demographics in specific swing states, many of those...
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al gore did not talk about the environment when he was running for president, and these guys did not talk -- >> when he was running in 1988 he talked about it. >> when you have the mitt romney as governor running against this obama, their positions would not have been different mitt romney ndorser of cap- and-trade. >> there is a huge disconnect, because the political culture is still full of deniers and politicians reflect that. unbelievable to go through three talktes and not about climate change at all. >> there has been a lot of advertising by interest groups to put forth the idea of fossil fuels and negate the idea of climate mornings, and tha hasn't -- negate the idea of a climate warming, and that has had an effect. >> in september, one of nasa's's satellites went dark, essentially did they had a back up a satellite, and that would tell us that the big storm was coming. they're not spending money. they are cutting back on this kind of stuff if we don't have those satellites -- >> while we have not been paying attention, the way we spend our money, state, local, and federal has
al gore did not talk about the environment when he was running for president, and these guys did not talk -- >> when he was running in 1988 he talked about it. >> when you have the mitt romney as governor running against this obama, their positions would not have been different mitt romney ndorser of cap- and-trade. >> there is a huge disconnect, because the political culture is still full of deniers and politicians reflect that. unbelievable to go through three talktes and...
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. >> these people are living in a very unlivable environment and their health is gravely affected because of it. but the question of why and how this happened is something you're going to have to ask the unhcr. >> reporter: the head of the agency's field office said he'd met us at a new camp 40 miles away. i wanted to ask about jamam and why it was a good idea to put a refugee camp in a swamp. sync >> well, obviously that wasn't a good idea. it wasn't like here. it wasn't a planned camp. it was a self-created camp where refugees settled. its a de facto camp rather than an organized camp. >> reporter: but surely you had a chance earlier to move when it was predicted that it was very easily flooded and there wouldn't be enough water to sustain a population at jamam. >> that's correct and we started to move people. unfortunately, we had another influx and those people needed to be prioritized, because in the events of movement, the most vulnerable arrived last. >> reporter: but now they're all vulnerable. the chief of the ingessena tribe, which makes up jamam's population, is a refugee himse
. >> these people are living in a very unlivable environment and their health is gravely affected because of it. but the question of why and how this happened is something you're going to have to ask the unhcr. >> reporter: the head of the agency's field office said he'd met us at a new camp 40 miles away. i wanted to ask about jamam and why it was a good idea to put a refugee camp in a swamp. sync >> well, obviously that wasn't a good idea. it wasn't like here. it wasn't a...
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but climate and environment to do matter. politics reflect society. society wants all of us to solve problems. >> how urgent is it beyond the fiscal cliff that america be able to do big things to stay competitive? >> it has to, economically, but no longer -- this probably started occurring 10 years ago, maybe more, separating economic policy, jobs policy, foreign policy. it is all woven into the same fabric. you cannot talk about any one of those without talking about the rest of them. amerigas to bring a skill set to the next generation. -- america house to bring a skill sets to the next generation. we have to be a competitive generation. the amount of power is probably unprecedented in the world today. that does not mean that america is getting weaker. that should be good news to us. we have to rebuild our infrastructure and so on, but we are capable of doing that. most of the world looks to us to lead with allies in relationships, not dictate, not occupy, but to bring leadership along where we can find common interests. >> let's hope you are right.
but climate and environment to do matter. politics reflect society. society wants all of us to solve problems. >> how urgent is it beyond the fiscal cliff that america be able to do big things to stay competitive? >> it has to, economically, but no longer -- this probably started occurring 10 years ago, maybe more, separating economic policy, jobs policy, foreign policy. it is all woven into the same fabric. you cannot talk about any one of those without talking about the rest of...
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May 27, 2012
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the brit al environment will change. and what you want to do is sensible tax system, lower rates, less deductions and less loopholes, spending some reasonable prudent spending restraints, and then reforming entitlements over the long- term. you want to do what paul ryan and mitt romney are talking about. >> you think this electioneering is dangerous in view of the eurozone and china faltering a little? >> china faltering a lot. euro zone on the edge of a cliff with a very high probable. >> except germany. >> . >> yes but it does make the difference. the entire southern part of europe is hanging by a thread in terms of -- a major depression in that part of world. having said that, i happen to be in favor of tax cuts on people like pat buchanan and myself, and not in that order, of course. i think it's absolutely essential that everybody contribute to the solution of the fiscal problem that we are in. however, the timing works. so i'm in total favor of increasing the taxes. and joining it with expenditure cuts particularly
the brit al environment will change. and what you want to do is sensible tax system, lower rates, less deductions and less loopholes, spending some reasonable prudent spending restraints, and then reforming entitlements over the long- term. you want to do what paul ryan and mitt romney are talking about. >> you think this electioneering is dangerous in view of the eurozone and china faltering a little? >> china faltering a lot. euro zone on the edge of a cliff with a very high...
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Feb 15, 2012
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number of kn+2.8 made mistake of extrapolating through 2012 and i think we'll be in a modest growth environment this year. >> susie: looking at the retail factor we got interesting reaction from two different retail stars. michael kors on some strong earnings the stock was up 27%. and then looking at another one, gap, up almost 3% today on a buy recommendation from citigroup. though they serve different consumers do they tell us anything about consumer attitudes about spending? >> well, i think really, susie, for the high-end consumers and companies that cater to high-end they have been outperformers for three years. they had price increase and input increases last year. cotton was highly priced. these guys have been able to pass along the prices and stick so though cotton's plummeted in price they've been able to keep high prices with consumers. other low-end types of retailers have not been so lucky but what i think is going to happen is they will benefit from the lower cotton prices. unemployment is improving. the economy is at least people are more confident we're not going have a double-di
number of kn+2.8 made mistake of extrapolating through 2012 and i think we'll be in a modest growth environment this year. >> susie: looking at the retail factor we got interesting reaction from two different retail stars. michael kors on some strong earnings the stock was up 27%. and then looking at another one, gap, up almost 3% today on a buy recommendation from citigroup. though they serve different consumers do they tell us anything about consumer attitudes about spending? >>...
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Mar 7, 2012
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like cole and natural gas, those are a little more, shall we say, maybe a little more dangerous to the environment than those that are made out of plant and bio mass. >> tom: dianees ta brook at a place where a lot of us have been seeing sticker shock. >> thanks, tom. >> susie: the company hoping to build the keystone xl oil pipeline plans to refile its application with u.s. regulators soon. the obama administration rejected trans-canada's original application to build the northern leg of the keystone xl pipeline earlier this year, saying the plan needed further study. trans-canada designed the pipeline to ship oil sands crude from canada to the gulf coast region of the u.s. for refining. last month, the company moved ahead with the southern portion of the pipeline. it hopes to have the entire project up and running by 2015. in other energy news, we're learning tonight that b.p.'s former c.e.o. tony hayward was granted a $1 million bonus for 2011. that's one year after he left the company over his handling of b.p.'s disastrous oil spill in the gulf of mexico. but according to an s.e.c. filing, hay
like cole and natural gas, those are a little more, shall we say, maybe a little more dangerous to the environment than those that are made out of plant and bio mass. >> tom: dianees ta brook at a place where a lot of us have been seeing sticker shock. >> thanks, tom. >> susie: the company hoping to build the keystone xl oil pipeline plans to refile its application with u.s. regulators soon. the obama administration rejected trans-canada's original application to build the...
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Oct 3, 2012
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first of all, the job market, the environment, a bunch of things very uneven, and gas price that is have been higher, and take the scarce income away from consumers, and the nagging concerns about other things, about the elections, and what happens with tax policy and europe. and jobs and a little bit about gas. >> tell us a little bit about the elections. >> d do you think that people willop feel better just knowing who's going to be in the white house, and then go ahead with financial decisions they were going to be making and buy whatever purchases they were thinking about. >> we hope it's going to work out like that. >> when they win, we don't know the congress they're going to work with. we don't know if it's something they can put their heads together and work with or the parties will be at logger heads. >> it will be organic. we have to see who is elected and the demeanor between the president and the congress he has to work with. >> susie: and you know we hear so much from the federal reserve about how much super low interest rats are going to help the economy. to what extent are
first of all, the job market, the environment, a bunch of things very uneven, and gas price that is have been higher, and take the scarce income away from consumers, and the nagging concerns about other things, about the elections, and what happens with tax policy and europe. and jobs and a little bit about gas. >> tell us a little bit about the elections. >> d do you think that people willop feel better just knowing who's going to be in the white house, and then go ahead with...
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May 14, 2012
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how do we draw them forward in order to get the right decisions for the country in an environment in which we cannot continue to do what we're doing? >> i'm going to get a lot of e-mails from my viewers saying, "please don't have that woman again." >> i know. >> "she's making me think too much. she makes my head hurt." because these are tough choices. >> they're extremely tough choices. and we can't afford not to make them because if we don't make them the alternative is unsustainable for the country. and the people who say, "well, we're going to find a way to cut," should be explaining why that's enough. and we've had an interesting moment in which the -- governor romney was caught on a microphone in which he said, "well, we'll cut housing. we'll cut education." well, i'd like to see him say that in public and explain why. i'd like to see both sides say, "with social security, here's what we should do." i'd like to see them debate simpson-bowles. >> that's the commission that recommended compromise on both spending and taxes. >> yes, and had distinguished individuals from both polit
how do we draw them forward in order to get the right decisions for the country in an environment in which we cannot continue to do what we're doing? >> i'm going to get a lot of e-mails from my viewers saying, "please don't have that woman again." >> i know. >> "she's making me think too much. she makes my head hurt." because these are tough choices. >> they're extremely tough choices. and we can't afford not to make them because if we don't make...
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Oct 31, 2012
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in fact, you unpack the environment section of what people care about, climate tends to rank virtually dead last. people are more concerned with their local environment: air pollution, water pollution, things like that. this is why we've seen these new poll-tested terms like "carbon pollution." c.o.-2 is the thing i'm exiling at you right now, we breathe out carbon dioxide. so we're seeing new terms called green energy instead of climate change because polls show people are skeptical and dubious of those motivations. they believe it's been overblown and it turns people off. >> suarez: joseph romm, why haven't we heard more about this topic during the national campaign? >> well, of course, mitt romney gets money from fossil fuel interests that's one reason he even opposes a clean energy tax credit for wind. obama, i think, is just misreading the polls entirely. the latest polling shows that -- i think ken is right. when global warming becomes local that the public becomes concerned about it. that's why the polls in the last two years have shown the public is increasingly concerned and t
in fact, you unpack the environment section of what people care about, climate tends to rank virtually dead last. people are more concerned with their local environment: air pollution, water pollution, things like that. this is why we've seen these new poll-tested terms like "carbon pollution." c.o.-2 is the thing i'm exiling at you right now, we breathe out carbon dioxide. so we're seeing new terms called green energy instead of climate change because polls show people are skeptical...
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business confidence, and when people have a sense and companies have a sense they are uncertain about the environment, whether the tax law is going to be changed, whether it is a whole series of regulatory regulations will be changed and it is in the context of what at least appears to be less than full understanding and appreciation of the role of business i think it is a problem. i think it is a problem. >> rose: of course the president can point out people calling him a socialist and worse from the other side of the political aisle as well as some people in the business community. >> i don't think you need to go in that direction at all. i think the only question i is s on the positive side what can the president do, what can congress do and whether the president is, mr. romney or mr. obama, we have got to look ahead and i think that is the debate we are likely to have over the next couple of months. i do think there is opportunity, private equity plays an important role that guy back to when i started with three quarters of the businesses in this country are private, and the private companies hav
business confidence, and when people have a sense and companies have a sense they are uncertain about the environment, whether the tax law is going to be changed, whether it is a whole series of regulatory regulations will be changed and it is in the context of what at least appears to be less than full understanding and appreciation of the role of business i think it is a problem. i think it is a problem. >> rose: of course the president can point out people calling him a socialist and...
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economic environment remains relatively slow, traders predict new highs for the precious metal could come in the first half of next year. that's if gold is able to break through certain technical levels. >> i think if we can get above $1,816. we should see 19 and a quarter. if we can get above $1,925, then $2,000 is definitely in our sights. >> reporter: experts say one thing that could push gold prices above $2,000 an ounce this year is if president obama is re-elected. the thinking-- the president will keep bernanke employed, which means interest rates stay very, very low. suzanne pratt, nbr, new york. >> tom: stocks moved higher ahead of tomorrow's report on the september job market. the s&p 500 really gained momentum just after 10:00 a.m. eastern time after the commerce department released its report on september factory orders. while total orders were down, it wasn't as bad as feared. the index finished higher by seven tenths of a percent. trading volume held steady on the big board-- 672 million shares. it was just under 1.6 billion on the nasdaq. financials and materials were
economic environment remains relatively slow, traders predict new highs for the precious metal could come in the first half of next year. that's if gold is able to break through certain technical levels. >> i think if we can get above $1,816. we should see 19 and a quarter. if we can get above $1,925, then $2,000 is definitely in our sights. >> reporter: experts say one thing that could push gold prices above $2,000 an ounce this year is if president obama is re-elected. the...
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Jan 23, 2012
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this is an environment where republican voters are exactly as susan said, they're angry, they're defiant. they're confrontational. they're mad not only at president obama. they're really mad at him. they're angry at the establishment. and their own leader. they're looking for someone who will take no prisoners and who says i'm going to stick it to it as we hear every time, glen, the libial media, the liberal establishment. they love that. >> ifill: susan was talking about how desperate mainstream republicans are over this. have you been picking up on that? >> absolutely. i get that everyday when i call around and speak to strat jifs and insiders. they're very concerned because it's one thing to appeal to the bomb thrower in the party when those are the people who are picking the nominee. the reality is in a general election, the kind of people who are going to decide who wins, the republican or the democrat are going to be swing voters. they're frustrated and worried and upset but not nearly as angry as the average republican is. >> ifill: whenever we get to florida whether it's a primar
this is an environment where republican voters are exactly as susan said, they're angry, they're defiant. they're confrontational. they're mad not only at president obama. they're really mad at him. they're angry at the establishment. and their own leader. they're looking for someone who will take no prisoners and who says i'm going to stick it to it as we hear every time, glen, the libial media, the liberal establishment. they love that. >> ifill: susan was talking about how desperate...
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they are able to counteract a very difficult environment, but i agree with you that mitt romney was chosen to be the nominee because the republican primary voter thought he was the person who could best bring the fight to barack obama on the economy. this is a specialist, so on and so forth, yet the sale has not been made, and we have seen some slippage. romney has had a steady lead. that has evaporated, and that is part of the reason we are seeing president obama poll ahead. tavis: to your mind, has 13 a clear advantage to picking mr. ryan as his running mate? >> no. i do not think there would have been anyone in phnom romney was considering taking. i do not think he was serious about taking condoleezza rice. she could have changed the conversation, but the senator from ohio or paul ryan or tim pawlenty, i do not think any of them fundamentally alter the race, and i also think we have to be careful not to put too much weight on any payback in terms of deciding the overall race. i do not think sarah palin helped john mccain, but i do not think anyone he picked held that election. people ar
they are able to counteract a very difficult environment, but i agree with you that mitt romney was chosen to be the nominee because the republican primary voter thought he was the person who could best bring the fight to barack obama on the economy. this is a specialist, so on and so forth, yet the sale has not been made, and we have seen some slippage. romney has had a steady lead. that has evaporated, and that is part of the reason we are seeing president obama poll ahead. tavis: to your...
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mean for the environment, spending on social programs, health care, should mean turn out. older voters are rolled lead going to be more motivated to show up and vote against president obama. -- older voters are probably going to be more motivated to shop and go against president obama. tavis: mr. gingrich has certainly run a blueprint for how to run against mr. romney. i want to talk about the president running against congress, but let's talk about specifically mr. romney. it will not work for the obama campaign? >> i think they are going to use it. we think about the focus on his wealth and what lovain did in destroying -- whether he created or destroyed jobs. i think is going to be very difficult if you look at the 2008 and the 2010 results for them to make inroads into that working class community. it is not their coalition anymore. what do these up for middle- class suburbanites think about? how do they interpret the gain experience? if you look up polling that has been done in swing states like florida, pennsylvania, ohio, romney does well among college- educated whi
mean for the environment, spending on social programs, health care, should mean turn out. older voters are rolled lead going to be more motivated to show up and vote against president obama. -- older voters are probably going to be more motivated to shop and go against president obama. tavis: mr. gingrich has certainly run a blueprint for how to run against mr. romney. i want to talk about the president running against congress, but let's talk about specifically mr. romney. it will not work for...
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so it's an especially challenging environment for romney. no one will go away. >> something about rick santorum i have to give him some credit he's made some bad campaign decisions. but think about this guy. this guy has won in the mid west, he's now won in the south and he's won in the west. he's done what no one in the other candidates have really done. he's won in every region of the country. he's won amongst every single demographic group so far in the republican primary. you have to get even though he got outspent in ohio, this guy's putting together a geographical coalition. >> rose: suppose he wins use and santorum wins ohio and suppose -- it could happen. unlikely to happen gingrich would drop out. but suppose -- >> i think that's a very good question because i think in the next 72 hours in the inside world of the republican leadership two big thing is going to happen. there's going to be tremendous pressure from the movement conservative establishment, and there is one. most of it based ironically in dc. to push newt out. now he may
so it's an especially challenging environment for romney. no one will go away. >> something about rick santorum i have to give him some credit he's made some bad campaign decisions. but think about this guy. this guy has won in the mid west, he's now won in the south and he's won in the west. he's done what no one in the other candidates have really done. he's won in every region of the country. he's won amongst every single demographic group so far in the republican primary. you have to...
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how we fare in this environment with the changes i want to -- i have made and the changes i want to make. against a party that wants to undo those changes. that's really the core fight of this campaign. it's not about me. or another guy. it's about whether we move forward together in the great middle of the country. or not. and so what's happening on capitol hill, a bit of some background music. i wouldn't say a lot. but some. and he plays on that -- as i said, with greater intensity in the last week than we have seen before. gwen: you watched mitt romney go to the end of the convention and didn't talk about foreign policy. he didn't really talk about taxes even that much. he talked about health care. knowing he was probably going to get booed by calling it obamacare and a very democratic crowd. who was he speaking to, sam? >> i think he was speaking to -- gwen: no one in that room. >> nobody in that room, no. he was speaking to swing voters in the philly suburbs and outside of cleveland. he was speaking to moderate voters who need to see that he's making the effort, going through -- at
how we fare in this environment with the changes i want to -- i have made and the changes i want to make. against a party that wants to undo those changes. that's really the core fight of this campaign. it's not about me. or another guy. it's about whether we move forward together in the great middle of the country. or not. and so what's happening on capitol hill, a bit of some background music. i wouldn't say a lot. but some. and he plays on that -- as i said, with greater intensity in the...
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my biggest fear right now is not only do we have an insecure environment in certain parts of afghanistan. we really do not have a stable transition plan. transition is the label the obama administration and others use your. it is not clear to me we have the political and economic foundation in afghanistan. >> what if all gotta -- what if al-qaeda once again finds a stronghold in afghanistan -- it's that instability spills over into of anniston, that could affect the rest of the world? >> absolutely. we've seen a great deal of internal conflict over the last three decades. it would indicate it has been at war with itself for quite some time. these things are not close to being resolved. >> when you look at the nadir report suggesting the insurgents themselves are saying -- at the nato report suggesting the insurgents themselves are confident they will retake afghanistan, what you think? >> i think these insurgents are trying to explain things in a certain way. >> they are spending it? >> yes, they are spending it -- spinning it. i think the important point, the complicity of some parts of
my biggest fear right now is not only do we have an insecure environment in certain parts of afghanistan. we really do not have a stable transition plan. transition is the label the obama administration and others use your. it is not clear to me we have the political and economic foundation in afghanistan. >> what if all gotta -- what if al-qaeda once again finds a stronghold in afghanistan -- it's that instability spills over into of anniston, that could affect the rest of the world?...
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and this one is a very cost-effective way to help the environment without adding more to your monthly electric bill. >> think businesses like apple, google and wal-mart are doing this on an even bigger scale. >> it is the fastest growing industries in the united states today. in the last two years we've doubled employment and grown by over 100% in the last year alone. so the truth of the matter is solar is one of the bright spots in the economy. >> there's huge solar potential out in the desert and more bigger schemes are planned. but america's new sort of power is natural gas from fracking. it's cheap, cleaner than coal and means solar will remain an alternative energy for now. >> well, speaking of lighting up the future, tonight a display went up along a wall that is totally unique. built as a roman descent, the three-mile-long wall is being turned into a colorful display of 400 pulsating balloons. we have taken a look. >> in the cold damp darkness, a ribbon of color. >> blue. >> a 73 mile long line of 400 giant bobbing balloons illuminating the wall. >> i'm -- i would describe myse
and this one is a very cost-effective way to help the environment without adding more to your monthly electric bill. >> think businesses like apple, google and wal-mart are doing this on an even bigger scale. >> it is the fastest growing industries in the united states today. in the last two years we've doubled employment and grown by over 100% in the last year alone. so the truth of the matter is solar is one of the bright spots in the economy. >> there's huge solar potential...
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so it in incumbent, i think n this election and in the course of the regulatory environment, for every american to pay attention to the risk that we slip back to the way things were before. it was enormously costly to the country. it cost millions of americans their jobs. it shuttered american businesses. it really crushed the economy and we just can't afford it as a country to go back to that. >> well, the federal government still owns major positions in a lot of firms. we're not done yet so we will continue this conversation. gentlemen, thanks. >> thank you. >> thank you. online, we have a reader's guide to the bailout, featuring economics correspondent paul solman's reporting on the subject from the outset in 2008. you can find that on his "making sense" page. >> woodruff: and to the analysis of brooks and marcus. that's "new york times" columnist david brooks and "washington post" columnist ruth marcus, filling in for mark shields. welcome to you both. before we start, let me share some new poll numbers out in the past few days: among likely voters across the country, cbs and "the
so it in incumbent, i think n this election and in the course of the regulatory environment, for every american to pay attention to the risk that we slip back to the way things were before. it was enormously costly to the country. it cost millions of americans their jobs. it shuttered american businesses. it really crushed the economy and we just can't afford it as a country to go back to that. >> well, the federal government still owns major positions in a lot of firms. we're not done...
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you're beginning to see something of a combination of strategy and looking at an increasingly toxic environment that i think will make that draw down faster and more robust on the wrong end. i could be wrong. it's tied to what the taliban want and what these negotiations come out. there's a set of negotiations in which we don't see happening in which both sides are trying to position in how they deal with each other. to some degree i think panetta's comments were part signaling to the taliban not a concession but what is possible. i suspect that the pressure to bring our troops home more quickly will increase. >> ifill: what do you think about that? >> i think what's unclear right now-- and the administration has been very careful on what it said-- it's unclear what happens in 2013, 2014 and beyond. will that mean zero u.s. forces? i've never heard anybody privately say that means zero. the talk now is 15 or 20 or 25, somewhere in that category. i think that the subject of discussion now is will this be mostly a move away from a conventional counterinsurgency model to more special operations an
you're beginning to see something of a combination of strategy and looking at an increasingly toxic environment that i think will make that draw down faster and more robust on the wrong end. i could be wrong. it's tied to what the taliban want and what these negotiations come out. there's a set of negotiations in which we don't see happening in which both sides are trying to position in how they deal with each other. to some degree i think panetta's comments were part signaling to the taliban...
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we want them not to destroy the world's environment, which they will do if other things being equal. and so we want to work with them on avoiding environmental just destruction. we want them to continue bringing people from rural poverty to sort of urban working classness, which is what they've been doing. we want them to grow up in both international and domestic ways. grow up internationally in having a foreign policy that's not just whatever's good for them commercially, which is what their foreign policy is now. and to say, "okay, you have to play a role in iran and syria or whatever, being responsible." domestically, we want them to gain confidence so they don't have to have their foot on their people's neck. most of the time in china you don't know the government's around. just kind of a sort of state of chaos -- >> really? >> and, yeah. >> i mean, not like russia, the soviet union -- >> oh, it's -- >> not that blanket -- >> entirely different. it's most of the time the areas the government cares about, the internet, democratic protest or whatever, taiwan, tibet, they're all ov
we want them not to destroy the world's environment, which they will do if other things being equal. and so we want to work with them on avoiding environmental just destruction. we want them to continue bringing people from rural poverty to sort of urban working classness, which is what they've been doing. we want them to grow up in both international and domestic ways. grow up internationally in having a foreign policy that's not just whatever's good for them commercially, which is what their...
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>> senator, i'm fascinated on the environment. i'm a lot older than you are and i've been in washington a lot longer. but the great lakes were dying. three-quarters of the rivers and streams in the united states were unswimmable, unfishable. air was making people sick. and a republican president, richard nixon, created the environmental protection agency with a democratic congress. and within one generation, four-fifths of the rivers and streams in the united states were swimmable and fishable. the imlaix, the greatest freshwater resource any people have ever been blessed with were dying. they've been reinvigorated, spiritually, economically, recreationally. that was because water flowed across statelines and air blows across state lines. there was a federal role. you don't see that federal role? >> well, i think what the e.p.a. did for those first 40 years made a huge difference, a huge improvement. now we're at a point where to get any small incremental improvement, the costs are so extensive and then the e.p.a. continues to und
>> senator, i'm fascinated on the environment. i'm a lot older than you are and i've been in washington a lot longer. but the great lakes were dying. three-quarters of the rivers and streams in the united states were unswimmable, unfishable. air was making people sick. and a republican president, richard nixon, created the environmental protection agency with a democratic congress. and within one generation, four-fifths of the rivers and streams in the united states were swimmable and...